Extra Space Storage Inc. (NYSE:EXR) went up by 0.64% from its latest closing price when compared to the 1-year high value of $124.46 and move down -22.61%, while EXR stocks collected 4.69% of gains with the last five trading sessions. Press Release reported on 07/07/20 that Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2020 Results
Extra Space Storage Inc. (NYSE:EXR) Worth an Investment?
Extra Space Storage Inc. (NYSE: EXR) scored price to earnings ratio above its average ratio, recording 30.46 times of increase in earnings at the present.
EXR Market Performance
EXR stocks went up by 4.69% for the week, with the monthly jump of 9.89% and a quarterly performance of 15.04%, while its annual performance rate touched -9.68%. The simple moving average for the period of the last 20 days is 4.68% for EXR stocks with the simple moving average of 0.59% for the last 200 days.
Analysts’ Opinion on Extra Space Storage Inc. (NYSE:EXR)
Many brokerage firms have already submitted their reports for EXR stocks, with Goldman repeating the rating for EXR shares by setting it to “Buy”. The predicted price for EXR socks in the upcoming period according to Goldman is $111 based on the research report published on June 26, 2020.
Evercore ISI, on the other hand, stated in their research note that they expect to see EXR stock at the price of $111. The rating they have provided for EXR stocks is “In-line” according to the report published on June 15, 2020.
KeyBanc Capital Markets gave “ Underweight” rating to EXR stocks, setting the target price at $82 in the report published on April 17, 2020.
EXR Stocks 5.83% Far from 50 Day Moving Average
After a stumble in the market that brought EXR to its low price for the period of the last 52 weeks, Extra Space Storage Inc. was unable to take a rebound, for now settling with -18.44% of loss for the given period.
The stock volatility was left at 2.34%, however, within the period of a single month, the volatility rate increased by 2.65%, while the shares surge at the distance of +4.69% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +16.08% upper at the present time.
In the course of the last 5 trading sessions, EXR went up by +4.69%, which changed the moving average for the period of 200 days to the total of -11.91% of losses for the stock in comparison to the 20-day moving average settled at $97.20. In addition, Extra Space Storage Inc. saw -3.89% in overturn over the period of a single year with a tendency to cut further losses.
EXR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Extra Space Storage Inc. (EXR), starting from Margolis Joseph D, who sold 2,500 shares at the price of $93.24 back on Jun 23. After this action, Rushing now owns 120,300 shares of Extra Space Storage Inc., valued at $233,106 with the latest closing price.
OVERTURF JAMES, the EVP/Chief Marketing Officer of Extra Space Storage Inc., sold 833 shares at the value of $97.17 during a trade that took place back on Jun 17, which means that OVERTURF JAMES is holding 55,447 shares at the value of $80,942 based on the most recent closing price.
EXR Stock Fundamentals
The current profitability levels are settled at +33.50 for the present operating margin and +55.69 for gross margin. The net margin for Extra Space Storage Inc. stands at +31.75. Total capital return value is set at 5.59, while invested capital returns managed to touch 5.87. Equity return holds the value 17.50%, with 5.10% for asset returns.
Based on Extra Space Storage Inc. (EXR), the company’s capital structure generated 209.69 points for debt to equity in total, while total debt to capital is set at the value of 67.71. Total debt to assets is settled at the value of 62.42 with long-term debt to equity ratio rests at 3.17 and long-term debt to capital is 186.19.